Articles

Manufacturing institute launched at Ivy Tech

Ivy Tech Community College and the Indianapolis Private Industry Council have started an Advanced Manufacturing Institute at Ivy Tech’s downtown campus to train manufacturing workers. The institute will work with trade groups specializing in welding, metalworking, ventilation and fluid power to train and retrain workers for the 2,300-plus manufacturing positions Ivy Tech and the council […]

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Yes, people are working today

Lots of people are taking the week off for spring break, but plenty of people are still toiling away at their jobs, local employers say. At F.C. Tucker Co.’s corporate office on the far northside, 20 to 25 percent of workers are out this week, said Stan Phariss, vice president of human relations for the […]

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Indianapolis TV stations sold in Tribune deal.

Tribune Co., the Chicago media company that owns Indianapolis Fox affiliate WXIN-TV Channel 59 and the local CW network affiliate, WTTV-TV Channel 4, said it has accepted an $8.2 billion acquisition offer from cross-town real estate magnate Sam Zell. The Chicago Tribune and Los Angeles Times are Tribune’s flagship properties. Zell said he would put Tribune’s […]

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TRW workers ratify ‘concessionary’ contract in Lafayette

A contract approved by a majority of 270 union members at the TRW Commercial Steering Systems plant in Lafayette on Saturday stipulates no raises in its first three years, followed by 1-percent and 1.25-percent raises in the two remaining years. United Auto Workers Local 531 President Ron Dubree Jr. called the contract “concessionary,” according to […]

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Business leaders try to resurrect Illiana Expressway

Members of the Northwest Indiana Forum, an economic development group, have held several closed-door meetings with members of the General Assembly to try to stir interest in proceeding with the project, according to the Post-Tribune of Merrillville. Gov. Mitch Daniels said late last month public opposition ran so high that he would drop the idea […]

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Oops! Greensburg short $3.6 million in development taxes

Human error is being blamed for a $3.6 million shortfall in tax-increment finances in Greensburg, the southeastern Indiana city where Honda Motor Co. is building a $550 million plant to assemble its Civic compact car. The Tax Increment Financing Board based its anticipated revenue on current assessed value of property in a TIF district where […]

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Waste station company wins court appeal

A Kalamazoo, Mich., company has won a battle in the Indiana Court of Appeals in Indianapolis to locate a solid waste transfer station and recycling facility near 86th Street and Zionsville Road. Judge Margret Robb sided with 600 Land Inc. in its attempt to gain zoning approval for the northwest-side project. The company needed a […]

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Super Heroes museum to open tomorrow

American Super Heroes Museum, which will feature Superman costumes and artifacts from movies and television episodes featuring Superman and Batman, will open at 20 W. Louisiana St. on Saturday. The museum features a collection of memorabilia by Fishers resident Dane Nash. Hours are 10 a.m. to 9 p.m. Monday through Saturday, and 10 a.m. to […]

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Philanthropy exec takes job at Michigan university

Kenneth L. Gladish is moving on. Once a central figure in Indianapolis’ charitable sector, he has been hired as director of The Grantmaking School at Grand Valley State University’s Dorothy A. Johnson Center for Philanthropy and Nonprofit Leadership, the school announced today. Last year, Gladish accepted an appointment as a visiting scholar at Indiana University’s […]

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Sliding restaurant sales puzzle Nashville business owners

Nashville, the Brown County community that depends heavily on tourism for its economic vitality, has seen restaurant sales fall for two years after having posted 19 years of gradual growth, according to the Brown County Democrat, citing data from the 1 percent food and beverage tax. Restaurant, hotel and shop owners blame the reversal on […]

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Regulators yank former Lilly drug from market

A Parkinson’s disease medication originally developed and sold by Eli Lilly and Co. has been voluntarily pulled from the U.S. market after the Food and Drug Administration reviewed new information that associates it with heart problems. Pergolide, which Lilly sold under the Permax brand, has been licensed to the Aliso Viejo, Calif., drugmaker Valeant Pharmaceuticals […]

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At least 8 parties interested in buying Crown Hill land

The Alliance Steering Committee, a loose organization of neighbors of Crown Hill Cemetery that opposed redeveloping a section of the historic property, is meeting this afternoon with nature groups that are interested in buying the parcel. One alliance leader, Butler University biology professor Tom Dolan said at least eight entities are showing interest in the […]

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Roche Diagnostics buys genome company

Indianapolis-based Roche Diagnostics has acquired a firm that develops genome-sequencing systems, the company announced today. Roche Diagnostics’ parent, Switzerland-based Roche, paid $140 million in cash to scoop up 454 Life Sciences, a subsidiary of Connecticut-based CuraGen Corp. Roche Diagnostics, which already distributes 454 Life Sciences’ genome sequencing systems, now gets access to any future generations […]

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Al Green to headline troubled Jazz Fest

Rev. Al Green, a Rock and Roll Hall of Famer and Grammy lifetime achievement award winner, will anchor this year’s Indy Jazz Fest, organizers will announce tonight at a party at the Jazz Kitchen in Broad Ripple. The Ninth Annual Indy Jazz Fest’s lineup, scheduled June 15-17 at Military Park downtown, also includes Bela Fleck, […]

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Al Green to headline troubled jazz festival

Rev. Al Green, the Rock and Roll Hall of Famer and Grammy lifetime achievement award winner, will anchor this year’s Indy Jazz Fest, organizers will announce tonight at a party at the Jazz Kitchen in Broad Ripple. The Ninth Annual Indy Jazz Fest’s lineup, scheduled June 15-17 at Military Park downtown, also includes Béla Fleck, […]

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Maaguzi to move North Carolina operations to Indiana

Carmel-based Maaguzi LLC, a maker of software for clinical researchers, plans to relocate its North Carolina operations to an undetermined location in central Indiana. The expansion would add 42 high-tech jobs through 2009. The company will produce and host its Internet-driven clinical trial data management system in the new location. Maaguzi’s lease at 11711 N. […]

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Huge steelmakers might target Indiana for expansion

Arcelor Mittal, the world’s largest steelmaker, and No. 2 Nippon Steel agreed Sunday to double capacity of their U.S. joint venture, according to the Post-Tribune of Merrillville, quoting the Japanese business daily Nikkei. Arcelor, headquartered in Luxembourg, and Japan-based Nippon plan to spend $254 million on the expansion. The companies make cold-rolled and galvanized steel […]

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Ethanol plant to be record investment in Henry County

Henry County in eastern Indiana has been chosen for a $180 million ethanol plant that will employ about 50 workers. Blue River Ethanol LLC will produce 100 million gallons a year at the site when it begins operating in 2009. The location near Mount Summit is next to a Norfolk Southern Corp. railroad that will […]

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UPDATE: Judge felt IPALCO execs were pressed to sell

In his decision to toss out a lawsuit against former top executives of IPALCO Enterprises Inc., U.S. District Judge David Hamilton said a confluence of circumstances faced by the executives persuaded him that they were reluctant to sell the company. The industry was consolidating rapidly and deregulation loomed in California and other states. Both trends […]

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Lilly joins list of firms opposed to marriage amendment

Eli Lilly and Co. weighed in against a proposed constitutional amendment to ban same-sex marriage in Indiana in a letter sent to Speaker of the House B. Patrick Bauer, D-South Bend. Lilly joined three other major Indiana employers that have voiced opposition to the amendment. Representatives of Cummins Inc. and WellPoint Inc. testified before a […]

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